AUD/USD has broken through a line of 0.6867 and suggests a possible movement to 0.6903 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 8 days.
Related Posts
EURAUD moves lower to 1.77531 in the last 16 hours.
An unexpected large move occurred on EURAUD 1 hour chart, starting at 1.78805 and reaching 1.77531. It stands…
GBPJPY has broken through a support line. It has touched this line numerous times in the last 14 days.
GBPJPY has broken through a line of 199.5125 and suggests a possible movement to 198.6128 within the next…
A possible move by EURCHF towards 0.9369
The last 7 4 hour candles on EURCHF formed a Channel Down pattern and broken out through the…